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The word "redevelop" is correct and it is commonly used in written English
You can use the word to refer to the process of making improvements to an existing structure or area. For example, "The city is planning to redevelop the waterfront district to make it more attractive to tourists."
Dictionary
redevelop
verb
To convert a neighbourhood by demolishing old buildings and building new ones, or by renovating existing ones
synonyms
Exact(60)
"It is regrettable when homes need to be demolished, but Annington's decision to redevelop the estate will see an increase in the number of homes by more than 100%, from 142 to 288, and the inclusion of 20% affordable homes will see a minimum of 59 created where there were none before.
"I don't think things will necessarily be catastrophic, but it's definitely a possibility," says Ilya Tsentsiper, a former magazine editor who now runs his own consultancy firm and is leading a project to redevelop a park full of Soviet exhibition spaces as a new, fun venue for modern Moscow.
Not for much longer if the plans to redevelop the undercroft as retail units gets the go ahead.
"Our goals are to continue to develop our artistic programme under Matthew's leadership, to continue with our outreach work, to establish an endowment fun and then to redevelop our historic building after the bicentenary".
And Zaha Hadid has presented radical plans to redevelop the neglected Zorrozaurre peninsula and turn it into a high-tech residential and cultural island.
But you also can't get anything support here unless it's top-down," says Manu Gómez-Álvarez Gómez-Álvarezman of animated0 wearing earrings and a black hoodie, who is the driving force behind ZAWP, the Zorrozaurre Art Working Progress, a cultural group based on the Bilbao peninsula that Zaha Hadid proposes to comanetely redevelof.
An inability to move from or redevelop their decrepit Somerset Park home has been a major hindrance to Ayr's plans for progress over the past two decades.
After nearly a decade of legal wrangling, especially over the laid-off workers' dues, it was decided to redevelop the defunct land – an eye-popping 600 acres in prime south and central Bombay.
Pete Phoenix, another of the activists, said: "We want solutions to the homeless problem so that people who have nowhere to live can use empty properties until the developers are ready to redevelop them.
The pressure for them to do so is increasing as they shut old smokestack factories and redevelop the land for other uses.But the remedial work is not just required at big manufacturers.
Iran has signed a deal with Elf Aquitaine, a French petroleum firm, and Eni, an Italian one, to redevelop the Doroud oilfields in the Persian Gulf.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com